Rightmove rejects REA Group's third offer valued at $8.1 billion
WEB39 minutes ago — News Corp (NWS) first got involved in REA Group in 2001 after acquiring a 44% stake in the online real estate agent for AU$2 million ($1.4 million) in cash and a further AU$8 million worth of ...
Rightmove Rejects Third Bid From REA Group | Morningstar
WEB2 hours ago — The latest bid was worth 6 billion pounds ($8.05 billion) and comprised 341 pence in cash and 0.0422 new REA shares for each Rightmove share, which based on REA's closing share price on Monday had ...
Rightmove Rejects Third Bid From REA Group - WSJ
WEB9 hours ago — Rightmove rejected a third bid from News Corp.-controlled REA Group REA -0.70%, saying the latest offer still materially undervalues the company and its future prospects. Australian real-estate ...
Australia's REA sweetens takeover offer for Britain's Rightmove to …
WEB2 days ago — Australian property listing firm REA Group has made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were ...
Rightmove Rejects Third Takeover Bid From Murdoch’s REA Group
WEB2 hours ago — Rightmove Plc rejected a third takeover proposal from REA Group Ltd., saying the bid that valued the UK property portal at £6.1 billion ($8.2 billion) continues to be unattractive.
Britain's Rightmove to weigh REA Group's sweetened $8.1 billion ...
WEB2 days ago — REA, which is 62% owned by Rupert Murdoch's News Corp, closed down 2.5% on Monday. Rightmove chairperson Andrew Fisher said the company would respond to REA's third bid in due course.
Rightmove to Consider REA’s Sweetened $8 Billion Bid
WEB2 days ago — Australia-listed REA said it is now offering 3.41 British pounds (US$4.54) in cash and 0.0422 new REA shares for each Rightmove share, for a total implied value of 7.70 pounds per share. The new ...
News Corp’s REA Says $7.3 Billion Offer Rebuffed by Rightmove
WEBSep 11, 2024 — News Corp-controlled REA Group will have to sweeten the deal after U.K. counterpart Rightmove rebuffed its initial $7.32 billion approach. REA could return with an improved proposal but...
Murdoch’s REA ups offer for Rightmove to nearly £5.9bn
WEB4 days ago — These have risen by about a fifth since news of the potential takeover broke. REA shares rose 0.5 per cent to A$198.99 on Friday. Under UK takeover rules, REA has until the end of September to ...
Rupert Murdoch’s REA raises Rightmove bid to £6.1bn - Financial …
WEB2 days ago — Australia’s largest property listings group REA, which is majority owned by Rupert Murdoch’s News Corp, has launched a third bid for UK rival Rightmove, valuing it at £6.1bn. REA made the ...